India-Canada feud threatens to hurt trade and investment. Here's what's at stake

livemint.com:

Here’s some of the charts looking at what’s at stake: Indians make up nearly a fifth of immigrants to Canada, the highest share from a single place of birth since 1971, according to government data. However, remittances from Canada were less than 1% of the total flowing into India and this is in part due to immigrants permanently settling down in Canada and bringing over their families. Immigration accounts for 90% of Canada’s labor force growth as there is fast-aging working population.

A sizable number of Indian immigrants to Canada are Sikhs from Punjab state in India. Sikhs account for 1.7% of India’s population and Canada has the highest numbers of Sikhs outside of the South Asian country. Indians account for the most number of international students doing their higher education in Canada.

In 2022, they made up over 28% of the total foreign students, according to local media in Canada. Higher education is a significant sector contributing to more than 15% of Canada’s services exports annually. The latest available data by Global Affairs Canada shows that international students alone contributed 1.3% to Canada’s gross domestic product in 2019.

Trade between the two nations stood at $8.16 billion in 2022-23, dwarfing in comparison to $128.7 billion in India’s bilateral trade with the US. However, India depends almost entirely on imports for its potash needs, and buys a large amount of the crop nutrient from Canada, the world’s biggest exporter. Supplies from Canada have become increasingly important as sanctions have disrupted trade and expansion plans for Russia and Belarus.

The current frostiness may impact that. India’s major exports to Canada include pharmaceuticals, iron and steel products. The nations were